One Response to “cra and cmhc”

There is no statute of limitations on debt – if you owed the money 10 years ago and it hasn’t been repaid in full then you still owe the money today.

Under Ontario law, if you have not made a payment towards a debt in 2 years and the creditor has not initiated legal action they may be restricted from doing so. (There are a lot of loop holes in the law, not the least of which is a requirement for you to keep the creditor aware of your current address – if you don’t then the law may not apply to you.)

In your case, if they’ve been taking your tax refunds every year an argument can be made that they are being paid (sort of). If you want a more detailed explanation of how this law works you’ll need to speak to a lawyer.